Byju’s laying off employees via phone calls, dropping notice period: Report

Edtech firm Byju’s is laying off employees over the phone and letting them go without serving notice period, Moneycontrol.com reported, quoting sources.

The website said Byju’s is following phone calls with emails to employees that read, “This is to confirm that your last working day with Think and Learn Pvt Ltd [the company that owns Byju’s] will be March 31, 2024. Your full and final settlement will be done as per the exit policy. Please hand over all the assets and proprietary information of the company that are in your possession to enable processing your full and final settlement. In case of any queries on exit formalities, please contact separations@byjus.com.”